BP shares tumble as U.S. probes oil spill
09 June 2010
British energy giant BP Plc's (BP.L) (BP.N) stock price tumbled on Wednesday as it faced more U.S. government and congressional scrutiny over its handling of the massive Gulf of Mexico oil spill.
U.S. Interior Secretary Ken Salazar told a congressional hearing that BP's latest effort to try to contain the oil gushing from its deep-sea well may have increased the flow of crude 4 to 5 percent above what it was before.
The oil spill, which began on April 20, is causing an ecological and economic disaster along the U.S. Gulf Coast.
